Something sadly missing from the stats of record building permits;
There’s more than a billion dollars of construction happening in Sioux Falls but where in all that money does affordable or workforce housing fit in?
It doesn’t so far.
“I just looked at the projects and we’re adding over 3,000 (housing) units,” said Jill Madsen, the president of the South Dakota Multi-Housing Association (SDHA). “From what I see I don’t see low income or workforce. I don’t see any tax credit housing and that has been workforce housing.”
It seems the permit values have risen because builders are building more expensive homes;
“There is still a lot of building going on but it’s more expensive houses that are being built,” Ingle said. “The (permit) valuations are going up because we are building more expensive homes.”
I still don’t understand what the end goal is with housing concerning city leadership? If you were to look at it from a distance as an outsider you would think city leaders are trying to push poorer residents out of our community, not just with permanent housing but with rentals also. I have said it is unsustainable in comparison to the workforce we will need.